France Business Confidence March 2022

France

France: Business confidence inches up in April

April 21, 2022

Business confidence rose to 108.2 in April from 107.4 in the previous month. As a result, the index remained above the 100-threshold that separates optimism from pessimism among businesses.

April’s higher reading was mainly due to a marked improvement in opinions on overall order books and foreign order books. Moreover, there was also greater optimism with regards to finished goods inventories. That said, economic uncertainty among businesses increased significantly over the previous month.

FocusEconomics Consensus Forecast panelists see fixed investment expanding 2.9% in 2022, which is down 0.5 percentage points from last month’s forecast, and 2.6% in 2023.


Author:, Junior Economist

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France Business Confidence March 2022 0

Note: Value of monthly business sentiment indicator index; long-term avg. at 100.
Source: National Institute of Statistics and Economic Studies (INSEE).


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